33 Central
Key Details
Overview
33 Central at 33 King William Street is an office development in the City of London EC4.
HB Reavis acquired the site in late 2013 and commenced construction in mid-2014.
The new 9-storey 21,345m2 (225,000 sq ft) Grade A office building was designed by John Robertson Architects.
The new building was rated BREAAM Excellent for sustainability and features a quarter-acre roof-top garden.
With views of the River Thames, St. Paul's Cathedral and the Shard, the site is only meters away from the Bank of England and directly on London Bridge.
33 Central is one of the best-located office buildings in Central London, just a stone’s throw from London Bridge, Monument and Bank, as well as within walking distance of major cultural sites such as the Tower of London and Borough Market and London’s Cycle Superhighway.
History
2016 July - Sold to Wells Fargo, the third-largest bank in the US by assets at the time, which will consolidate its London teams here later in 2017. The deal was one of the largest single office deals in the City of London market in 2016, and one of the first – and most significant – post-EU referendum commercial property transactions.
2013 December - HB Reavis acquired the site for €75 million. HB Reavis was advised by Knight Frank and Norton Rose Fulbright.
The existing building on the site was fully rented until June 2014 to BlackRock, the world's premier asset manager. HB Reavis commenced demolition of the current building after the lease expired. Deloitte Real Estate and Knight Frank City leasing teams were jointly instructed to market 33 King William Street.
References:
1. HB Reavis www.hbreavis.com
2. Deloitte Real Estate www.deloitterealestate.co.uk
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Disclaimer
Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.